Christopher Condon
Christopher Condon is an experienced financial journalist who covers economic news and events with a focus on central banking and monetary policy. He has been with Bloomberg News since 2017, providing in-depth analysis of the Federal Reserve's decisions and their impact on global markets. Prior to joining Bloomberg, Condon worked at Reuters for over a decade as an economics correspondent. His articles often cite insights from fellow Bloomberg Economics experts Anna Wong and Stuart Paul. Condon's primary topics include central banking, monetary policy, interest rates, and currency fluctuations.
85%
The Daily's Verdict
This author has a mixed reputation for journalistic standards. It is advisable to fact-check, scrutinize for bias, and check for conflicts of interest before relying on the author's reporting.
Bias
86%
Examples:
- Christopher Condon reports on economic news and events, often citing Bloomberg Economics experts such as Anna Wong and Stuart Paul.
Conflicts of Interest
95%
Examples:
- Condon frequently reports on economic news and events using sources from within the same company (Bloomberg) that he works for.
Contradictions
79%
Examples:
- Condon misreports core CPI rising 0.3% in February according to Bloomberg Economics, while BLS reported a rise of 1%.
- Condon reports contradictory information regarding the value of the yen and the Federal Reserve's target rate.
Deceptions
71%
Examples:
- The title of Condon's article on US CPI suggests sensationalism as it implies the report will inspire the Fed to cut rates, which is not entirely accurate.
Recent Articles
Janet Yellen's Emphasis on Climate Change and Economic Opportunities in Amazon Basin Countries: A New Partnership Agenda and the Amazonia Forever Initiative
Broke On: Saturday, 27 July 2024During her visit to Brazil, U.S. Treasury Secretary Janet Yellen emphasized the importance of addressing climate change and its economic implications. She highlighted the transition to a low-carbon economy as the greatest economic opportunity of the 21st century and announced a climate partnership agenda with Amazon basin countries, focusing on access to multilateral climate fund resources, clean energy supply chains, voluntary carbon markets, and finance for nature conservation. Yellen also launched an initiative against illicit finance to protect critical ecosystems. US Retail Sales Surprise with 0.8% Increase in June Amid Challenges
Broke On: Tuesday, 16 July 2024US retail sales defied expectations with a 0.8% increase in June, excluding auto and gas, despite declines in gas station sales and vehicle purchases due to cyberattacks. Home improvement stores and online sales saw growth. Japanese Yen Surges: Suspected Intervention Triggers Speculation Amid Uncertainty on BOJ's Next Move
Broke On: Thursday, 02 May 2024Japanese authorities are suspected to have intervened in the foreign exchange market twice this week, after Bank of Japan Governor Kazuo Ueda downplayed the impact of a weaker yen on prices. Traders believe Japanese policymakers are trying to prevent excessive yen rises and defend the 160-to-the-dollar mark, which is considered a trigger for intervention. Japanese Yen Intervention: Impact on Economy and Inflation, a Closer Look
Broke On: Friday, 03 May 2024Japan's currency, the Yen, plunged to a 34-year low against the US Dollar in May 2024, prompting an intervention by the Bank of Japan and Finance Minister Shunichi Suzuki. The weakened Yen led to increased prices for imports and inflation in Japan. BOJ's intervention aimed to stabilize exchange rates but its long-term implications remain debated among economists. Inflation Report: February Unchanged, Monthly Rise of 0.4% Due to Energy Prices
Broke On: Tuesday, 12 March 2024Inflation remained unchanged in February, despite a 0.4% monthly increase due to rising energy prices.